Canadian Western Bank (CWB) is a Canada-based bank engaged in offering a range of financial services. The Bank specializes in mid-market commercial banking, real estate and construction financing, and equipment financing and leasing. The Bank offers financing solutions through CWB Equipment Financing, National Leasing, CWB Maxium Financial, CWB Franchise Finance and CWB Optimum Mortgage, trust services through Canadian Western Trust and wealth advisory services through CWB Wealth Management. It offers a range of loans, such as general commercial loans, real estate project loans, personal loans and mortgages, commercial mortgages, corporate lending, and oil and gas production loans. It focuses on general commercial, agriculture, healthcare, and golf and turf sectors. It offers a range of personal banking services, including checking and savings accounts, mortgages, home equity lines of credit, personal loans and investment products through its branch network across Western Canada.
Industry, Sector and Symbol:
- Sector: Financial
- Industry: Money Center Banks
- Sub-Industry: N/A
- Symbol: TSE:CWB
- CUSIP: N/A
- Web: www.cwbank.com/
Capitalization:- Market Cap: C$2.8 billion
- Outstanding Shares: 88,360,000
Average Prices:- 50 Day Moving Avg: C$29.29
- 200 Day Moving Avg: C$27.92
- 52 Week Range: C$23.68 - C$32.29
P/E:- Trailing P/E Ratio: 13.90
- P/E Growth: 1.34
Sales & Book Value:- Annual Revenue: C$647.08 million
- Price / Sales: 4.33
- Book Value: C$24.31 per share
- Price / Book: 1.30
Dividend:
Profitability:- Net Margins: 32.72%
- Return on Equity: 10.53%
- Return on Assets: 0.97%
Misc:- Average Volume: 369,622 shs.
- Short Ratio: 12.42
Frequently Asked Questions for Canadian Western Bank (TSE:CWB)
What is Canadian Western Bank's stock symbol?
Canadian Western Bank trades on the Tornton Stock Exchange (TSX) under the ticker symbol "CWB."
How often does Canadian Western Bank pay dividends? What is the dividend yield for Canadian Western Bank?
Canadian Western Bank declared a quarterly dividend on Friday, September 1st. Investors of record on Friday, September 15th will be paid a dividend of 0.24 per share on Friday, September 29th. This represents a $0.96 annualized dividend and a yield of 3.03%. The ex-dividend date of this dividend is Thursday, September 14th. This is a positive change from Canadian Western Bank's previous quarterly dividend of $0.22. View Canadian Western Bank's Dividend History.
How were Canadian Western Bank's earnings last quarter?
Canadian Western Bank (TSE:CWB) posted its earnings results on Thursday, June, 1st. The company reported $0.59 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.57 by $0.02. The firm earned $172.44 million during the quarter, compared to analyst estimates of $169 million. Canadian Western Bank had a return on equity of 10.53% and a net margin of 32.72%. View Canadian Western Bank's Earnings History.
When will Canadian Western Bank make its next earnings announcement?
Where is Canadian Western Bank's stock going? Where will Canadian Western Bank's stock price be in 2017?
10 equities research analysts have issued 1 year target prices for Canadian Western Bank's shares. Their forecasts range from C$29.00 to C$35.00. On average, they anticipate Canadian Western Bank's share price to reach C$31.61 in the next twelve months. View Analyst Ratings for Canadian Western Bank.
Who are some of Canadian Western Bank's key competitors?
Some companies that are related to Canadian Western Bank include Laurentian Bank of Canada (LB), National Bank of Greece (NBG), Australia and New Zealand Banking Group (ANZ), Bank of Queensland Limited (BOQ), Bendigo and Adelaide Bank Ltd (BEN), BNP Paribas SA (BNP), Commonwealth Bank of Australia (CBA), Intesa Sanpaolo SpA (ISP), KBC Groep NV (KBC), Mediobanca Group (MB), National Australia Bank (NAB), Societe Generale SA (GLE), UniCredit SpA (UCG), Unione di Banche Italiane SpA (UBI) and Westpac Banking Corp (WBC).
Who are Canadian Western Bank's key executives?
Canadian Western Bank's management team includes the folowing people:
- Robert Lawrence Phillips QC, Independent Chairman of the Board
- Christopher H. Fowler, President, Chief Executive Officer, Director
- Carolyn J. Graham, Chief Financial Officer, Executive Vice President
- H. Bogac Ozdemir, Executive Vice President, Chief Risk Officer
- Kelly S. Blackett, Executive Vice President, Human Resources and Corporate Communications
- Darrell R. Jones, Senior Vice President, Chief Information Officer
- Gail L. Harding Q.C., Senior Vice President, General Counsel, Corporate Secretary
- M. Glen Eastwood, Executive Vice President, Business Transformation
- Mario V. Furlan, Senior Vice President and Regional General Manager
- Michael N. Halliwell, Senior Vice President, Regional General Manager
How do I buy Canadian Western Bank stock?
Shares of Canadian Western Bank and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.
What is Canadian Western Bank's stock price today?
One share of Canadian Western Bank stock can currently be purchased for approximately C$31.70.
MarketBeat Community Rating for Canadian Western Bank (TSE CWB)MarketBeat's community ratings are surveys of what our community members think about Canadian Western Bank and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Canadian Western Bank (TSE:CWB) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 7 Hold Ratings, 3 Buy Ratings |
| Consensus Rating: | Hold (Score: 2.30) |
| Consensus Price Target: | C$31.61 |
Analysts' Ratings History for Canadian Western Bank (TSE:CWB)
Show:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 9/1/2017 | TD Securities | Boost Price Target | Hold | C$30.00 -> C$32.00 |  |
| 9/1/2017 | Scotiabank | Upgrade | Sector Perform -> Outperform | C$30.00 -> C$33.00 | |
| 9/1/2017 | Royal Bank Of Canada | Upgrade | Sector Perform -> Outperform | C$32.00 -> C$35.00 | |
| 9/1/2017 | National Bank Financial | Boost Price Target | Sector Perform | C$28.00 -> C$32.00 | |
| 9/1/2017 | CIBC | Boost Price Target | | C$31.00 -> C$33.00 | |
| 9/1/2017 | Canaccord Genuity | Boost Price Target | | C$29.00 -> C$30.00 | |
| 9/1/2017 | BMO Capital Markets | Boost Price Target | Market Perform | C$28.00 -> C$29.00 | |
| 8/11/2017 | Barclays PLC | Boost Price Target | | C$28.00 -> C$30.00 | |
| 3/3/2017 | Desjardins | Boost Price Target | | C$31.00 -> C$32.00 | |
| 1/17/2017 | CSFB | Upgrade | Underperform -> Neutral | C$27.00 -> C$32.00 | |
| 12/2/2016 | GMP Securities | Boost Price Target | Hold | C$26.50 -> C$29.75 | |
| 5/3/2016 | Credit Suisse Group | Boost Price Target | | C$23.00 -> C$26.00 | |
(Data available from 9/21/2015 forward)
Earnings History for Canadian Western Bank (TSE:CWB)Earnings History by Quarter for Canadian Western Bank (TSE CWB)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 12/7/2017 | | | | | | | | |
| 6/1/2017 | Q2 2017 | C$0.57 | C$0.59 | C$169.00 million | C$172.44 million | View | N/A | |
| 6/5/2014 | | C$0.61 | C$0.65 | C$152.20 million | C$151.53 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Canadian Western Bank (TSE:CWB)2017 EPS Consensus Estimate: $2.58
2018 EPS Consensus Estimate: $2.83
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 4 | $0.59 | $0.68 | $0.62 |
| Q2 2017 | 4 | $0.57 | $0.67 | $0.61 |
| Q3 2017 | 4 | $0.61 | $0.72 | $0.65 |
| Q4 2017 | 5 | $0.65 | $0.76 | $0.70 |
| Q1 2018 | 2 | $0.68 | $0.70 | $0.69 |
| Q2 2018 | 2 | $0.66 | $0.68 | $0.67 |
| Q3 2018 | 1 | $0.72 | $0.72 | $0.72 |
| Q4 2018 | 1 | $0.75 | $0.75 | $0.75 |
(Data provided by Zacks Investment Research)
Dividend History by Quarter for Canadian Western Bank (TSE CWB)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 9/1/2017 | Quarterly | $0.24 | 3.2% | 9/14/2017 | 9/15/2017 | 9/29/2017 |
| 6/11/2015 | Quarterly | $0.22 | 3.11% | 6/11/2015 | 6/25/2015 | 6/25/2015 |
| 3/12/2015 | Quarterly | $0.21 | 3.1% | 3/12/2015 | 3/26/2015 | 3/26/2015 |
| 12/3/2014 | quarterly | $0.21 | 2.73% | 12/12/2014 | 12/16/2014 | 1/8/2015 |
| 9/11/2014 | Quarterly | $0.20 | 1.97% | 9/11/2014 | 9/25/2014 | 9/25/2014 |
| 6/5/2014 | quarterly | $0.20 | 2.03% | 6/12/2014 | 6/16/2014 | 6/26/2014 |
| 3/5/2014 | Quarterly | $0.17 | 2.12% | 3/13/2014 | 3/17/2014 | 3/27/2014 |
| 12/13/2013 | Quarterly | $0.19 | 2.03% | 12/13/2013 | 1/9/2014 | 1/9/2014 |
| 12/4/2013 | | $0.18 | | 12/13/2013 | 12/17/2013 | 1/9/2014 |
| 6/6/2013 | quarterly | $0.18 | | | 6/20/2013 | 6/27/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Canadian Western Bank (TSE:CWB)Insider Trades by Quarter for Canadian Western Bank (TSE:CWB)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 6/19/2017 | David Leslie John Thomson | Insider | Buy | 500 | C$26.23 | C$13,115.00 | |
| 6/15/2017 | Allen David Stephen | Insider | Buy | 750 | C$25.50 | C$19,125.00 | |
| 3/22/2017 | Patrick Gallagher | Insider | Sell | 150 | C$21.79 | C$3,268.50 | |
| 3/7/2017 | Robert L Phillips | Director | Buy | 1,000 | C$31.22 | C$31,220.00 | |
| 3/6/2017 | Patrick Gallagher | Insider | Buy | 50 | C$21.25 | C$1,062.50 | |
| 1/26/2017 | Diane Marie Davies | Insider | Sell | 2,500 | C$30.54 | C$76,350.00 | |
| 12/8/2016 | Christopher Hector Fowler | Insider | Buy | 14 | C$32.11 | C$449.54 | |
| 3/11/2016 | Allen David Stephen | Insider | Buy | 1,000 | C$16.55 | C$16,550.00 | |
| 1/29/2016 | David Leslie John Thomson | Insider | Buy | 500 | C$22.84 | C$11,420.00 | |
| 1/28/2016 | Robert L Phillips | Director | Buy | 1,000 | C$22.42 | C$22,420.00 | |
| 1/13/2016 | Kirby Trent Hill | Insider | Buy | 100 | C$15.64 | C$1,564.00 | |
| 1/7/2016 | Allen David Stephen | Insider | Buy | 500 | C$21.96 | C$10,978.50 | |
| 1/5/2016 | Allen David Stephen | Insider | Buy | 500 | C$17.00 | C$8,500.00 | |
| 1/4/2016 | Sarah Alyson Morgan-Silvester | Director | Buy | 600 | C$23.56 | C$14,133.00 | |
| 12/31/2015 | Allen David Stephen | Insider | Buy | 500 | C$17.80 | C$8,901.00 | |
| 12/23/2015 | Andrew John Bibby | Director | Buy | 2,000 | C$23.76 | C$47,520.00 | |
| 12/23/2015 | Christopher Hector Fowler | Insider | Buy | 2,100 | C$23.70 | C$49,766.01 | |
| 10/23/2015 | Keith Douglas Hughes | Insider | Buy | 1,000 | C$25.12 | C$25,121.00 | |
| 4/1/2015 | Andrew John Bibby | Director | Buy | 1,000 | C$27.57 | C$27,570.00 | |
| 3/16/2015 | Sarah Alyson Morgan-Silvester | Director | Buy | 3,800 | C$25.77 | C$97,907.00 | |
| 3/12/2015 | Linda Margaret Owerri Hohol | Director | Buy | 1,000 | C$26.00 | C$25,995.00 | |
| 3/10/2015 | Robert L Phillips | Director | Buy | 1,000 | C$26.39 | C$26,386.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Canadian Western Bank (TSE:CWB)
Latest Headlines for Canadian Western Bank (TSE:CWB)
| Source: |
|
| Date | Headline |
|---|
 | Canadian Western Bank (CWB) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - September 16 at 10:38 PM |
 | Canadian Western Bank : CWB-CA: Dividend Analysis : September 15th, 2017 (record date) : By the numbers : September 14, 2017
finance.yahoo.com - September 14 at 6:31 PM |
| ETFs with exposure to Canadian Western Bank : September 12, 2017
finance.yahoo.com - September 11 at 11:22 PM |
| Canadian Western Bank (CWB) Raises Dividend to $0.24 Per Share
www.americanbankingnews.com - September 9 at 4:56 PM |
 | These Banks Just Raised Their Dividends by 3-5% - The Motley Fool Canada
www.fool.ca - September 9 at 4:05 AM |
| Canadian Western Bank :CWB-CA: Earnings Analysis: Q3, 2017 By the Numbers : September 8, 2017
finance.yahoo.com - September 8 at 6:05 PM |
| Cormark Weighs in on Canadian Western Bank's FY2017 Earnings (CWB)
www.americanbankingnews.com - September 4 at 2:40 AM |
| FY2017 EPS Estimates for Canadian Western Bank (CWB) Lifted by National Bank Financial
www.americanbankingnews.com - September 4 at 2:20 AM |
| Desjardins Research Analysts Lift Earnings Estimates for Canadian Western Bank (CWB)
www.americanbankingnews.com - September 4 at 2:20 AM |
 | Canadian Western Bank's (CBWBF) CEO Chris Fowler on Q3 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - September 1 at 5:56 PM |
| Canadian Western Bank (CWB) Price Target Raised to C$32.00 at National Bank Financial
www.americanbankingnews.com - September 1 at 5:18 PM |
| Canadian Western Bank (CWB) Price Target Raised to C$32.00
www.americanbankingnews.com - September 1 at 5:18 PM |
| Canadian Western Bank (CWB) Price Target Increased to C$33.00 by Analysts at CIBC
www.americanbankingnews.com - September 1 at 5:18 PM |
| Canaccord Genuity Increases Canadian Western Bank (CWB) Price Target to C$30.00
www.americanbankingnews.com - September 1 at 5:18 PM |
| Canadian Western Bank (CWB) Lifted to "Outperform" at Royal Bank Of Canada
www.americanbankingnews.com - September 1 at 5:18 PM |
| Canadian Western Bank (CWB) Price Target Increased to C$29.00 by Analysts at BMO Capital Markets
www.americanbankingnews.com - September 1 at 5:18 PM |
| Canadian Western Bank (CWB) Upgraded to Outperform by Scotiabank
www.americanbankingnews.com - September 1 at 5:18 PM |
| Edited Transcript of CWB.TO earnings conference call or presentation 31-Aug-17 7:00pm GMT
finance.yahoo.com - September 1 at 3:37 AM |
 | Update: TSX Rises 78 Points as Q2 GDP Beats Expectations, Leading to Broad-Based Rally - Nasdaq
www.nasdaq.com - August 31 at 10:36 PM |
| Why Canadian Western Bank Is up Over 1%
www.fool.ca - August 31 at 5:34 PM |
| Why Canadian Western Bank Is up Over 1%
www.fool.ca - August 31 at 5:34 PM |
| CWB reports very strong third quarter financial performance
finance.yahoo.com - August 31 at 5:33 PM |
| CWB reports very strong third quarter financial performance
finance.yahoo.com - August 31 at 5:33 PM |
| Canadian Western Bank (CWB) Scheduled to Post Quarterly Earnings on Thursday
www.americanbankingnews.com - August 24 at 1:14 AM |
| Canadian Western Bank (CWB) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - August 22 at 10:44 PM |
| Canadian Western Bank (CWB) Price Target Raised to C$30.00 at Scotiabank
www.americanbankingnews.com - August 21 at 2:16 PM |
| ETFs with exposure to Canadian Western Bank : August 15, 2017
finance.yahoo.com - August 15 at 6:25 PM |
| Canadian Western Bank (TSE:CWB) PT Raised to C$30.00 at Barclays PLC
www.americanbankingnews.com - August 12 at 12:52 AM |
| Smart Investors Should Probably Avoid This Canadian Bank - The Motley Fool Canada
www.fool.ca - August 3 at 7:06 PM |
| Evaluating Canada's Regional Banks: Canadian Western Bank - The Motley Fool Canada
www.fool.ca - August 2 at 6:35 PM |
| Canadian Western Bank :CWB-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 2, 2017
finance.yahoo.com - August 2 at 6:34 PM |
| ETFs with exposure to Canadian Western Bank : July 24, 2017
finance.yahoo.com - July 24 at 5:24 PM |
| How Investors Can Benefit From Rising Rates | The Motley Fool ... - The Motley Fool Canada
www.fool.ca - July 17 at 6:02 PM |
| ETFs with exposure to Canadian Western Bank : July 14, 2017
finance.yahoo.com - July 14 at 3:33 PM |
| How Many Rate Hikes Are Likely Coming From the Bank of Canada? - The Motley Fool Canada
www.fool.ca - July 13 at 6:53 PM |
| Canadian Dividend All-Stars Expected To Announce Dividend Increases - Week Of July 10-14 - Seeking Alpha
seekingalpha.com - July 10 at 5:38 PM |
| The Canadian Banks Are at All-Time Highs: Is it Time to Take a Chance on This Alternative Lender? - The Motley Fool Canada
www.fool.ca - July 8 at 8:50 AM |
| How This Financial Stock Has Been Resilient in the Oil Patch
www.fool.ca - July 6 at 6:59 PM |
 | CWB Franchise Finance partners with Browns Restaurant Group on term loan and development facility
www.marketwatch.com - July 5 at 6:25 PM |
| Canadian Western Bank (TSE:CWB) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - July 3 at 10:40 PM |
| Canadian Western Bank – Value Analysis (TORONTO:CWB) : June 26, 2017
finance.yahoo.com - June 26 at 10:27 PM |
| Canadian Western Bank breached its 50 day moving average in a Bullish Manner : CWB-CA : June 23, 2017
finance.yahoo.com - June 23 at 5:14 PM |
| Insider Buying: Canadian Western Bank (CWB) Insider Purchases 500 Shares of Stock
www.americanbankingnews.com - June 20 at 4:22 PM |
| Insider Buying: Canadian Western Bank (CWB) Insider Buys 750 Shares of Stock
www.americanbankingnews.com - June 16 at 4:50 PM |
| Canadian Western Bank : CWB-CA: Dividend Analysis : June 16th, 2017 (record date) : By the numbers : June 14, 2017
finance.yahoo.com - June 14 at 5:31 PM |
| Is Canadian Western Bank’s Mortgage Portfolio Really High Risk?
www.fool.ca - June 7 at 11:26 PM |
| Canadian Western Bank (CWB) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - June 6 at 10:46 PM |
 | Why Canadian Western Bank Remains a Speculative Play
www.baystreet.ca - June 6 at 4:54 PM |
| Why Canadian Western Bank Remains a Speculative Play - Baystreet.ca
www.baystreet.ca - June 6 at 4:54 PM |
| Canadian Western Bank: Higher Risk, Lower Reward
www.fool.ca - June 5 at 11:58 AM |
Canadian Western Bank (CWB) Chart for Thursday, September, 21, 2017
